{"ModuleCode":"PP5105","ModuleTitle":"Cost Benefit Analysis in Public Policy","Department":"Lee Kuan Yew School Of Public Policy","ModuleCredit":"4","Lecturers":["Hui Weng Tat"],"IVLE":[{"Announcements":null,"Forums":[],"Workbins":[],"Webcasts":[],"Gradebooks":[],"Polls":[],"Multimedia":[],"LessonPlan":[],"ID":"c7ffce1c-8af3-45b0-abd4-d1ec8d678467","CourseLevel":"1","CourseCode":"PP5105","CourseName":"COST BENEFIT ANALYSIS IN PUBLIC POLICY","CourseDepartment":"","CourseSemester":"Semester 2","CourseAcadYear":"2014/2015","CourseOpenDate":"/Date(1417190400000+0800)/","CourseOpenDate_js":"2014-11-29T00:00:00","CourseCloseDate":"/Date(1433087940000+0800)/","CourseCloseDate_js":"2015-05-31T23:59:00","CourseMC":"0","isActive":"N","Permission":"S","Creator":{"UserID":null,"Name":"Agnes Tan Swee Tin","Email":null,"Title":null,"UserGuid":"27c9192b-db6d-4316-a5db-8551996dce99","AccountType":null},"hasGradebookItems":false,"hasTimetableItems":true,"hasGroupsItems":false,"hasClassGroupsForSignUp":false,"hasGuestRosterItems":false,"hasClassRosterItems":true,"hasWeblinkItems":false,"hasLecturerItems":true,"hasDescriptionItems":true,"hasReadingItems":true,"hasAnnouncementItems":false,"hasProjectGroupItems":false,"hasProjectGroupsForSignUp":false,"hasConsultationItems":false,"hasConsultationSlotsForSignUp":false,"hasLessonPlanItems":false,"Badge":0,"BadgeAnnouncement":0,"WebLinks":[],"Lecturers":[{"ID":"824b1f4e-60cc-4d9d-b78e-f708304fe9bd","User":{"UserID":null,"Name":"Hui Weng Tat","Email":null,"Title":null,"UserGuid":"09007d0a-81a9-4e34-b7d3-345957f41995","AccountType":null},"Role":"Lecturer ","Order":1,"ConsultHrs":null},{"ID":"b5cbb229-6ded-4b97-a7b6-439d870a745b","User":{"UserID":null,"Name":"Panchali Guha","Email":null,"Title":null,"UserGuid":"430cbf4c-f082-4243-9063-e94a5fb06fa0","AccountType":null},"Role":"Instructor ","Order":2,"ConsultHrs":null}],"Descriptions":[{"ID":"1e5f053b-8835-4692-be49-41f07234cfff","Title":"Learning Outcomes","Description":"This course focuses on the application of cost-benefit analysis (CBA) in public policy. CBA involves the systematic evaluation of the costs and benefits to determine the desirability of policies and projects to improve the efficiency of resource allocation. The principal objectives are to understand the conceptual foundations and apply associated analytic techniques underlying a cost-benefit analysis. Through practical examples, cases and project work, students will learn the basic principles of CBA and the practical steps in conducting a cost-benefit study. This course will equip analysts and decision makers with the necessary skills to conduct, interpret, evaluate and utilize a CBA study for informed decision making and selection of alternative policies and projects.
\r\n","Order":1},{"ID":"2e5f053b-8835-4692-be49-41f07234cfff","Title":"Prerequisites","Description":"Student should have read either
\r\nPP5101 Economic Foundations for Public Policy or
\r\nP5801 Economic Analysis or
\r\nan equivalent introductory course in economics or microeconomics","Order":2},{"ID":"3e5f053b-8835-4692-be49-41f07234cfff","Title":"Teaching Modes","Description":"Lecture, cases, project and class discussions","Order":3},{"ID":"4e5f053b-8835-4692-be49-41f07234cfff","Title":"Schedule","Description":"Classes will be held on Wednesdays from 2 p.m. to 5 p.m.
\r\nTentative Schedule of PP5105 Lecture Topics
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\r\n\t\t\t\t | \r\n\t\t\t\r\n\t\t\t\t | \r\n\t\t\t\r\n\t\t\t\tDate & Venue | \r\n\t\t\t\r\n\t\t\t\tTopic | \r\n\t\t\t\r\n\t\t\t\tLecturer | \r\n\t\t
\r\n\t\t\t\tWeek 1 | \r\n\t\t\t\r\n\t\t\t\tLecture | \r\n\t\t\t\r\n\t\t\t\t14 Jan 15 (SR 3-5) 2.30 pm – 3.00 p.m. \r\n\t\t\t\t | \r\n\t\t\t\r\n\t\t\t\tShopping Week: Cost-Benefit Analysis in Public Policy | \r\n\t\t\t\r\n\t\t\t\tHWT | \r\n\t\t
\r\n\t\t\t\tWeek 2 | \r\n\t\t\t\r\n\t\t\t\tLecture | \r\n\t\t\t\r\n\t\t\t\t21 Jan 15 (SR 3-5) \r\n\t\t\t\t | \r\n\t\t\t\r\n\t\t\t\tIntroduction to CBA I | \r\n\t\t\t\r\n\t\t\t\tHWT | \r\n\t\t
\r\n\t\t\t\tWeek 3 | \r\n\t\t\t\r\n\t\t\t\tLecture | \r\n\t\t\t\r\n\t\t\t\t28 Jan 15 (SR 3-5) \r\n\t\t\t\t | \r\n\t\t\t\r\n\t\t\t\tIntroduction to CBA II | \r\n\t\t\t\r\n\t\t\t\tHWT | \r\n\t\t
\r\n\t\t\t\tWeek 4 | \r\n\t\t\t\r\n\t\t\t\tLecture \r\n\t\t\t\t | \r\n\t\t\t\r\n\t\t\t\t4 Feb 15 (SR 3-5) \r\n\t\t\t\t | \r\n\t\t\t\r\n\t\t\t\tMicrofoundations of CBA I | \r\n\t\t\t\r\n\t\t\t\tHWT | \r\n\t\t
\r\n\t\t\t\tWeek 5 | \r\n\t\t\t\r\n\t\t\t\tLecture | \r\n\t\t\t\r\n\t\t\t\t11 Feb 15 (SR 3-5) \r\n\t\t\t\t | \r\n\t\t\t\r\n\t\t\t\tMicrofoundations of CBA II | \r\n\t\t\t\r\n\t\t\t\tHWT | \r\n\t\t
\r\n\t\t\t\tWeek 6 | \r\n\t\t\t\r\n\t\t\t\tLecture | \r\n\t\t\t\r\n\t\t\t\t18 Feb 15 (SR 3-5) \r\n\t\t\t\t | \r\n\t\t\t\r\n\t\t\t\tValuing Costs and Benefits I | \r\n\t\t\t\r\n\t\t\t\tHWT | \r\n\t\t
\r\n\t\t\t\t | \r\n\t\t\t\r\n\t\t\t\t | \r\n\t\t\t\r\n\t\t\t\t21 Feb – 1 Mar 15 | \r\n\t\t\t\r\n\t\t\t\tMid-Semester Recess | \r\n\t\t\t\r\n\t\t\t\t \r\n\t\t\t\t | \r\n\t\t
\r\n\t\t\t\tWeek 7 | \r\n\t\t\t\r\n\t\t\t\tLecture \r\n\t\t\t\t | \r\n\t\t\t\r\n\t\t\t\t4 Mar 15 (SR 3-5) \r\n\t\t\t\t | \r\n\t\t\t\r\n\t\t\t\tValuing Costs and Benefits II | \r\n\t\t\t\r\n\t\t\t\tHWT | \r\n\t\t
\r\n\t\t\t\tWeek 8 | \r\n\t\t\t\r\n\t\t\t\tLecture | \r\n\t\t\t\r\n\t\t\t\t11 Mar 15 (SR 3-5) \r\n\t\t\t\t | \r\n\t\t\t\r\n\t\t\t\tValuing Costs and Benefits III | \r\n\t\t\t\r\n\t\t\t\tHWT | \r\n\t\t
\r\n\t\t\t\tWeek 9 | \r\n\t\t\t\r\n\t\t\t\tLecture \r\n\t\t\t\t | \r\n\t\t\t\r\n\t\t\t\t18 Mar 15 (SR 3-5) \r\n\t\t\t\t | \r\n\t\t\t\r\n\t\t\t\tDiscount Rate and Decision Rule | \r\n\t\t\t\r\n\t\t\t\tHWT | \r\n\t\t
\r\n\t\t\t\tWeek 10 | \r\n\t\t\t\r\n\t\t\t\tLecture \r\n\t\t\t\t | \r\n\t\t\t\r\n\t\t\t\t25 Mar 15 (SR 3-5) | \r\n\t\t\t\r\n\t\t\t\tDealing with Uncertainty | \r\n\t\t\t\r\n\t\t\t\tHWT | \r\n\t\t
\r\n\t\t\t\tWeek 11 | \r\n\t\t\t\r\n\t\t\t\tLecture | \r\n\t\t\t\r\n\t\t\t\t1 Apr 15 (SR 3-5) \r\n\t\t\t\t | \r\n\t\t\t\r\n\t\t\t\tValuation Methods I | \r\n\t\t\t\r\n\t\t\t\tHWT | \r\n\t\t
\r\n\t\t\t\tWeek 12 | \r\n\t\t\t\r\n\t\t\t\tLecture \r\n\t\t\t\t | \r\n\t\t\t\r\n\t\t\t\t8 Apr 15 (SR 3-5) \r\n\t\t\t\t | \r\n\t\t\t\r\n\t\t\t\tValuation Methods II | \r\n\t\t\t\r\n\t\t\t\tHWT \r\n\t\t\t\t | \r\n\t\t
\r\n\t\t\t\tWeek 13 | \r\n\t\t\t\r\n\t\t\t\tLecture \r\n\t\t\t\t | \r\n\t\t\t\r\n\t\t\t\t15 Apr 15 (SR 3-5) \r\n\t\t\t\t | \r\n\t\t\t\r\n\t\t\t\tProject Presentations | \r\n\t\t\t\r\n\t\t\t\tHWT | \r\n\t\t
\r\n\t\t\t\t | \r\n\t\t\t\r\n\t\t\t\tTerm Test | \r\n\t\t\t\r\n\t\t\t\t22 Apr 15 (TBA) | \r\n\t\t\t\r\n\t\t\t\t | \r\n\t\t\t\r\n\t\t\t\t | \r\n\t\t
\r\n\t\t\t\t | \r\n\t\t\t\r\n\t\t\t\t | \r\n\t\t\t\r\n\t\t\t\t | \r\n\t\t\t\r\n\t\t\t\t | \r\n\t\t\t\r\n\t\t\t\t | \r\n\t\t